Clean Team Assurance Manager

PRS for Music team

Description

PRS for Music have an unusual opportunity for a Clean Team Manager to join our finance department on a full time, permanent basis.
The Clean Team assure the flow of multi territory online (MTOL) musical rights i.e. streaming and downloads where PRS has granted this rights flow via a mandated entity, the key 4 functions are:
  • Review of PRS Mandate requests under PRS policy
  • Review of MTOL requests from mandated entities
  • Revenue Assurance tracking of MOTL revenues from mandated entities
  • Reporting to either the Board or Monitoring Trustee
The successful applicant will work within the Finance and Legal teams as part of the Clean Team, to:
  • manage online revenue assurance for PRS multi-territory online exploitation (MTOL) where PRS has mandated entities to license its rights;
  • provide business analytics and associated support for the Clean Team with respect to market shares and other metrics to assist in the approval of deal terms and mandates;
  • provide key support and lead strategic projects as required by the Clean Team; and assist in the corporate reporting activities of the Clean Team.
About Us
PRS for Music has been at the heart of the music business since 1914, representing our membership of 160,000 songwriters, composers, and publishers. We pay royalties to our members when their musical works are performed, broadcast, streamed, or used in film and TV. We also work on impacting the music industry through collaborations, digital developments, influencing legislation and supporting new musical talent for the future.
At PRS for Music, we operate a fully flexible hybrid working model. You will have the opportunity to work remotely and from our stunning London Bridge Hub, overlooking the Thames! We come together twice a week to collaborate, meet stakeholders, and for all other business needs.
Key Role Responsibilities
  • Owning the Mandate Cost models
  • Interpret data and provide insights to the Clean Team to allow for a more informed and evidence-based decision making
  • Consistently produce fit for purpose, high quality, detailed and accurate data analysis and reports
  • Understand the terms of the licences and work with SME’s in licensing/ICE/Legal
Work as a key member of the Clean Team:
  • Preparing, reviewing and sending to The Board, an overview of mandate financials to ensure cost effectiveness and assurance over revenue
  • Analysing publisher and writer revenues via the above and through conversations with key publishers
  • Responsible for other ad-hoc revenue assurance activities and support for strategic projects
  • Monitor compliance with terms of mandate and escalate where anomalies or breaches have been identified
  • Support the Online mandate and licence approval process
  • Ensure close relationship between the legal, finance and operations teams
In addition, you will:
  • Support finance with the commercial outlook for Budget and 5 Year Plan
  • Working closely with the Strategy team on analysis and developing market knowledge
  • Developing the use of business intelligence tools to improve reporting and automation
  • Ad-hoc scenario modelling

Requirements

  • Professional Accountancy qualification is desirable
  • Educated to degree standard, preferably within a numerical subject
  • Understanding of music rights and structures for online exploitation is desirable
  • Proficient in analysis using Microsoft Excel
  • Able to present and summarise complex information in a variety of ways to best suit the audience
  • Analytical and enquiring mind
  • Revenue reporting experience is preferable
  • A team player with the ability to take initiative to prioritise effectively and manage communication across various stakeholders
  • Experience using PowerPoint
  • Some general commercial knowledge and/or an understanding of the music industry, in particular online music licensing, an advantage but not a requirement

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PRS for Music logo

PRS for Music

PRS for Music represents the rights of songwriters, composers and music publishers in the UK and around the world. As a membership organisation it works to ensure that creators are paid whenever their musical compositions and songs are streamed, downloaded, broadcast, performed and played in public. In 2021, 27 trillion performances of music were reported to PRS for Music with £677.2m paid out in royalties to its members, making it one of the world’s leading music collective management organisations. PRS for Music’s public performance licensing is now carried out on PRS for Music’s behalf by PPL PRS Ltd, the new joint venture between PPL and PRS for Music. **Our purpose** To grow and protect the value of music rights entrusted to us. **Our code** To fairly and accuratley distribute royalties with market-leading transparency and efficiency. **Our vision** To provide world-leading music rights management services for our rightsholders and music users delivering:

Job Details

Posted on Dec 6

London, UK

Full time

Mid